A shopkeeper increases the price of an article by 20% above the cost price and then offers a discount of 25% on the new price. Later, he again increases the discounted price by 10%. If the cost price of the article was ₹500, what is the final price of the article?
₹495
Marked price after a 20% increase on the cost price of ₹500 = 500 x 1.20 = ₹600.
Price after a 25% discount on ₹600 = 600 x 0.75 = ₹450.
Price after a further 10% increase on ₹450 = 450 x 1.10 = ₹495.
Hence, the final price is ₹495, So, this is the correct answer.
Similar Questions
Arvind bought an article for ₹x. He sold it to Biru at a loss of 15%. Biru spent ₹122 on its transportation and sold it to Minu at a profit of 50%. If Minu bought it for ₹1968, then what is the value of x?
Rajat sells a property to his friend at 10% loss. If the friend sells it for 10,80,000 and gains 20%, then for how much did Rajat buy the property?
The marked price of a cooker is the same at four shops I, II, III and IV. Shop I allows two successive discounts of 97% and 13%, shop II allows successive discounts of 43% and 31%, shop III allows successive discounts of 73% and 14% and shop IV allows successive discounts of 97%, 83% and 24% on the marked price of the cooker. Which shop is selling the cooker at the lowest price?
Arvind bought an article for ₹x. He sold it to Biru at a loss of 26%. Biru spent ₹102 on its transportation and sold it to Minu at a profit of 50%. If Minu bought it for ₹1,374, then what is the value of x?
A trader gains 72% by selling an article after two successive discounts of 50% and 14% on its marked price. If the cost price of the article is increased by 36%, then what single discount should he now give on the same marked price to get the same profit percentage as earlier?
A company's revenue increases by 40% in one quarter and then decreases by 20% in the next. If the initial revenue was ₹1,00,000, what is the final revenue?
A dealer buys an article at a discount of 25% on its list price and marks it at 35% above the list price. If he allows a discount of 20% on the new marked price, find his profit percent.
A trader purchases oil at ₹500 per barrel. He first increases the price by 20% and later decreases the increased price by 10%. What is the final price per barrel?
A trader gains 50% by selling an article after two successive discounts of 25% and 80% on its marked price. If the cost price of the article is increased by 74%, then what single discount should he now give on the same marked price to get the same profit percentage as earlier?
The marked price of a cooker is same at four shops I, II, III and IV. Shop I allows two successive discounts of 85% and 27%, shop II allows successive discounts of 78% and 19%, shop III allows successive discounts of 24% and 27% and shop IV allows successive discounts of 24%, 94% and 74% on the marked price of the cooker. Which shop is selling the cooker at the lowest price?
Important Questions from Successive Selling
By selling a watch at Rs. 840 a person loses 4%. Find the gain or loss if he sold it for Rs. 875?
Gaurav bought some articles at 5 for Rs. 6 and sold them at 10 for Rs. 11. His loss percentage is:
The increase in the price of a certain item was 25%. Then the price was decreased by 20% and then again increased by 10%. What is the resultant increase in the price?
- The selling price of 24 articles is equal to the cost price of 26 articles. If, due to a change in market conditions, the selling price of each article decreases by $10\%$ and the cost price of each article increases by $5\%$, what will be the new gain or loss percentage (correct to two decimal places)?
X sells goods to Y at a profit of 20 percent and Y sells the same goods to Z at a profit of 50 percent. If the cost price for Z is Rs 9000, then what is the cost of the goods for X?
